Grain Department
 
Here at Ag Plus, we strive to provide information to our customers to
help them in achieving their marketing goals.  If you have any questions feel free to contact Dave or Laura.
 
Attention

As of today (9/23/16) all Ag Plus locations will be accepting Xtend™ Soybeans

Grain Marketing Services

 

ATTENTION: IMPORTANT INFORMATION

Ag Plus has been notified by local soybean and corn processors that they will not accept any corn or soybeans that are not approved for export.

 

This list would include, but not be limited to: Duracade corn, Roundup Ready 2 Extend beans, Enlist corn and beans, Vistive beans and Plenish beans. 

 

Ag Plus wants you to understand that our policy is that we cannot accept any grain that is not approved for export shipment until the local processors or terminals will accept them.  We cannot accept any grains that are tainted or contaminated by, produced from, or contain any amount of genetically modified seed.  We also cannot accept GMO events that have not received full and final approval for import/use by any domestic or foreign markets; not limited to the United States, China, European Union, or any other export market.

 

If you are uncertain on a seed product that you intend to plant or have planted, please check with us before planting/shipping grain to any Ag Plus location.  If you have already planted a non-approved product, we will do our best to work with you to help market the grain; but you must notify us before any delivery of grain.    Failure to notify us before delivery will result in liability to the farmer.

 

Any seller that delivers unapproved agricultural commodities that include products which are produced from, tainted or contaminated by, or contain any amount of GMO seed or GMO events not approved in all export markets; shall be in breach of the contract with Ag Plus.  The seller will then be liable for all direct or consequential damages, including but not limited to, any losses arising from facility closure, extra handling or reduced operating capacity, and all removal and cleaning costs.  This liability could also include any damages or issues caused at processing facilities or terminals that Ag Plus may deliver grain to, from our farm customer.

 

We hope to have these issues resolved by the seed companies before any matters arise.  We will notify our customers once the issues have been resolved but this policy will remain in effect until then. 

WILL NOT ACCEPT

WILL NOT ACCEPT

Delivery of soybeans/corn produced from the following seed products:

 

                                                     Bayer soybeans

                                                         Event FG72

  

VistiveGold soybeans                       Bayer/Syngenta soybeans

MON 87705 (Monsanto)                            SYHTOH2

 

Soymega™ soybeans                            Dow soybeans

MON 87769 (Monsanto)                           DAS-81419-2

 

Dow Enlist E3™ soybeans                    Monsanto soybeans

DAS-44406-6                                         MON 87712

 

Dow Enlist ™ soybeans                        Monsanto soybeans

DAS-68416-4                                         MON 87751

 

Syngenta Duracade corn                      Plenish™ soybeans

                                                            (DuPont/Pioneer)

 

 

“UNACCEPTABLE AGRICULTURAL COMMODITIES” INCLUDING COMMODITIES THAT INCLUDE, ARE PRODUCED FROM, OR CONTAIN ANY AMOUNT OF, SOYBEAN WITH MONSANTO’SROUNDUP READY 2 XTEND™ TECHNOLOGY.

 

ANY SELLER THAT DELIVERS UNACCEPTABLE AGRICULTURAL COMMODITIES SHALL BE IN BREACH OF ITS CONTRACT AND WILL BE LIABLE FOR DIRECT AND CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATION, ANY LOSSES ARISING FROM FACILITY CLOSURE OR REDUCED OPERATING CAPACITY AND ALL REMOVAL AND CLEANING COSTS.

Daily Grain Comments

Tuesday, February 20th, 2018

Ag Plus is currently accepting applications for their annual scholarship program.  Any current high school senior or college student of an Ag Plus customer studying in an agricultural related field is eligible to apply.  We will award four $1000 scholarships to eligible applicants.  You can find the application and additional information on the Ag Plus web site.  All applications must to be submitted by March 31st.

Are you interested in creating supplemental income for your grain operation?  Synergy Feeds is actively seeking candidates interested in diversifying their farming operation by adding contract swine feeding operations through one of several swine production companies that Synergy Feeds works with.  If you are interested in learning more about these opportunities, please contact Jon Bronnenberg (Synergy Feeds, Swine Consultant) at 260-358-7277 or by e-mail at jbronnenberg@synergyfeeds.com.

The markets opened sharply higher last night after the long weekend.  Rainfall in many areas of Argentina were disappointing.  The beans and meal led the market higher with corn and wheat following.  When wheat came under pressure, it put downward pressure on corn.  Corn and wheat both closed lower on the day and beans closed well off the highs.  Corn may have made a key reversal, trading higher early in the session and then closing lower.  The dollar was higher today, trading up 622 points at $89.635.  Gold was down sharply, trading down $23.10 at $1330.10, silver was down 287 points at $16.425.  Crude oil has traded both sides today, currently up 9 cents at $61.77.  Stocks are mixed with the Dow down 290, Nasdaq up 3, and S & P down 21.  Weekly export shipments were 36.9 million bushels of corn, compared to 33.3 last week and 46.5 million last year.   Soybean shipments were 35.3 million, compared to 49.2 the previous week and 40.2 million last year.  Wheat shipments were 15.5 million, down 2.9 million from the previous week and 5.4 million from last year.  Dr. Cordonnier updated numbers on the South American crop.  He has Brazil at 113 MMT on beans, up 1 , we started at 108 and Conab has the crop at 114.1 MMT.  The corn number is 96, unchanged from the previous estimate.  Dr. Cordonnier has Argentina at 49 on beans, down 1 MMT, the starting number was 57.  He has corn at 37 MMT, down 1.  BAGE from Argentina has the bean crop at 50, many of the traders are talking 47.  Corn planting estimates in Brazil range from 25 to 41% on the Saffrinha double crop.  The bean harvest continues to be delayed by wet weather in the central and northwest areas of Brazil. 

Support levels on March corn are at $3.63-1/2 and $3.57-1/2 and resistance is at $3.70-1/4 and 3.75.  Support on March beans is at $10.19-3/4 and 10.06 and resistance is at $10.27 and $10.42.  Support on March wheat is at $4.51 and $4.34-1/4 and resistance is at $4.70 and $4.85.  

 

 


 

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